Reducing costs and improving your bottom line

Evaluating your building operational costs can be a good first step towards cutting costs and trimming your budget. Where to start? What to review? Start small, look for the simple less expensive changes like changing light bulbs to more energy efficient ones then dive into the big projects like energy audits. You might be surprised at the ways you can trim your operating budget.

Look for space that is not being utilized efficiently. Can you reorganize and condense your business into lesser space? Can that space be used for another income generating aspect of your business? Or can you lease the space and offset some of your costs with the rental income?

Review and renegotiate your janitorial/maid service contracts.

Service your heating, air conditioning or HVAC system. Ask the technician for ways to reduce costs and optimize efficiency.

One Response to Reducing costs and improving your bottom line

Great ideas! Another way to save space is to change to a more space efficient type of shelving/file cabinets. Because office square footage and off-site storage is usually very expensive the return on investment may be surprisingly short.